Sample financial Report

Financial Plan of - Mr. Suraj Chowdhury

Prepared For :

Mr. Suraj Chowdhury & Family

Mobile No : 9706039350

Prepared By :

Name :

Mobile No :

Email : [email protected]

Company : Plan My Investment

November 20, 2014

Page 1 of 29

Plan My Investment


Plan Summary

Cash Flow Management

Contingency Planning

Networth Analysis

Client Assumptions Details

Dreams & Goals

Goal Analysis And Funding

Asset Allocation For New Investment (Lumpsum Mode)

Asset Allocation For New Investment (Monthly Mode)

Insurance Planning

Retirement Planning

Cash Flow Upto Retirement

Table of Contents

2

3

4

5

6

7

8

10

11

13

14

15

Disclosure

1

Asset Allocation For New Investment (Stepup Mode)12

Cash Flow After Retirement16

Disclaimer & Risk Factors17

Financial Plan Overview

9

Page 2 of 29

Plan My Investment


Company Profile

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Page 3 of 29

Plan My Investment


Disclosure

This document has been prepared to help you make important decisions regarding your financial future. Before reviewing the data,

alternatives and options presented in this financial plan, please note the inherent limitations associated with this information: The

content of this report is based on information provided by you. Certain assumptions have been made about future investment

performance, inflation rates, retirement benefits and other variables which are only estimates, with no assurance as to their

attainability or ultimate desired outcome.

Certain financial information contained in this plan, including the Net Worth summary and the Income and Expenses summary, was

created only to assist you and your advisor in developing your financial plan. Accordingly, it should not be relied on for purposes of

obtaining credit or portraying financial soundness or for any purpose whatsoever other than developing your financial plan.

Projections of future events are based on interpretations of existing laws, as well as assumptions that are described in the

accompanying text. Furthermore, even if the steps in this document are followed, there may be material differences between

projected and actual results because laws are updated, events and circumstances frequently do not occur as expected, and the

overall economic environment changes. Actual results may differ materially from those suggested by the forward looking statements

due to risk or uncertainties associated with, general economic and political conditions, the monetary and interest policies, inflation,

deflation, unanticipated turbulence in interest rates, foreign exchange rates, market fluctuations etc.

You are under no obligation to follow, in whole or in part any of the alternatives presented in this plan or to purchase investment,

insurance or other financial products or services through your advisor.

Illustrations of products alternatives are presented only as guidelines and represent our general understanding of the information

available to us. Any analysis of legal, taxation or accounting issues relating to your situation are for discussion purposes only and

not intended to be a substitute for professional advice in these areas. Calculations illustrating income tax concepts and deductions,

and investment gains and losses are for illustrative purposes only and are based upon hypothetical situations. Consult with a

legal/tax/accounting/financial professional to counsel you on specific topics related to your financial situation. Financial planning

strategies are presented based upon facts as stated above and on laws and regulations that are subject to change.

The financial planning strategies presented in this document are intended only as a guide and not as a comprehensive financial

plan. There may be a conflict of interest as the advice generated may result in product sales that benefit this firm.

Page 4 of 29

Plan My Investment


Executive Paln Summary

Page 5 of 29

Plan My Investment


Plan Summary

Name

Date of Birth

Health Status

City

Pincode

Occupation

Mobile Phone

Email Address

Self Spouse

Mr. Suraj Chowdhury

15/06/1982

Excellent

Address

Salaried

9706039350

[email protected]

Mrs. Anita Chowdhury

20/06/1985

Good

9709690393

[email protected]

Client Name Relationship Date Of Birth Health Status Financially

Dependent

AEBP2912D AEPC2811FPAN Number

Self-Employed

Mr. Rajib Chowdhury Son 01/02/2010 Excellent No

Self Spouse

Expected Retirement Age

Life Expectancy

60

80

60

80

Page 6 of 29

Plan My Investment


Risk Profile :Wealth Guard

Page 7 of 29

Plan My Investment


Cash Flow Management

Income & Expense

Sound investing is an appropriate focus, but not at the cost of ignoring essential cash flow

management. The flow in cash flow refers to the in and out motion of money. Those who simply earn income

and pay bills are not engaged in the process of cash flow management, that’s survival. Real cash flow

management involves understanding the components that make up where the money comes from, where it

goes, and what choices are appropriate in creating a life of greater satisfaction. It is an active process.

Income for the current year :

Monthly YearlyYearly

TotalSpouseSelf

% Of

TotalYearly

IncomeMonthlyMonthly

30,000 0Income Salary 360,000 0 30,000 360,000 86

0 0Business Income 0 0 0 0 0

5,000 0Rental Income 60,000 0 5,000 60,000 14

0 0Inc. From Inv.

(Interest)

0 0 0 0 0

0 0Inc. From Inv.

(Dividends)

0 0 0 0 0

0 0Inc. From HUF 0 0 0 0 0

0 0Other Income 0 0 0 0 0

420,000 0 35,000 0 35,000 420,000Total :

Business Income

Inc. From HUF

Inc. From Inv.(Dividends)Inc. From Inv.(Interest)

Income Salary

Other Income

Rental Income

Income Structure

Page 8 of 29

Plan My Investment


Expense for the current year :

TotalSpouseSelf

YearlyMonthlyYearlyMonthly% of

Total

ExpenseYearlyMonthly

2,000 0 24,000 0 2,000 24,000House Hold 16.67

1,000 0 12,000 0 1,000 12,000Medical Expenses 8.33

1,000 0 12,000 0 1,000 12,000Lifestyle (includes

shopping, movies,

dinners etc)

8.33

0 0 0 0 0 0Travel 0.00

5,000 0 60,000 0 5,000 60,000House rent 41.67

3,000 0 36,000 0 3,000 36,000Children

Education/Depende

nt Fees

25.00

0 0 0 0 0 0Holiday Expenses 0.00

0 0 0 0 0 0Car Maintenance 0.00

0 0 0 0 0 0Other Expenses 0.00

12,000 144,000 0 0 12,000 144,000Total :

Car Maintenance

ChildrenEducation/DependentFees

Holiday Expenses

House Hold

House rent

Lifestyle (includesshopping, movies,dinners etc)

Medical Expenses

Other Expenses

Travel

Expense Structure

Page 9 of 29

Plan My Investment


Committed Savings for the current year :

% of TotalYearlyMonthly

Insurance Premium 1,667 20,004 25.00

SIP 5,000 60,000 75.00

Recurring Deposits 0 0 0.00

PPF Investment 0 0 0.00

80,004 6,667Total :

Insurance Premium

PPF InvestmentRecurring Deposits

SIP

Commited Savings

Page 10 of 29

Plan My Investment


Repayments :

% of TotalMonthlyLoanType Yearly

123,852Home Loan 10,321 100.00

123,852Total : 10,321

Monthly Yearly

Your Total Income :

Your Total Expenses :

Your Commited Savings :

Your Loan Repayments :

Part of your Savings available :

35,000 420,000

12,000 144,000

6,667 80,004

6,012 72,144

10,321 123,852

0K

50K

100K

150K

200K

250K

300K

350K

400K

450K

Income Expenses Cashflow

Income

ExpensesCashflow

Description

Sum

of Am

ount

Cash Flow Statement (in Rs.)

Page 11 of 29

Plan My Investment


Contingencies can arise due to many reasons like Job loss, health problems, temporary Disability,etc.

Contingencies can result in reduction or stoppage of one's income. But regular living expenses need to be

taken care of anyway. So, a well thought out and planned Contingency Fund for such situations can be a

great help.A Corpus equivalent of 3 - 3 months of Living expenses plus committed outgo kept in liquid

form is highly recommended.

Emergency funds should be invested in shortterm investments such as savings, liquid funds or Bank

Deposits.

Objective

a) Maintain an emergency fund of Rs. 112,002.00 to cover 6 months worth of living expenses.

b) An emergency fund is important in the event of an unexpected job loss, reduction in income or to cover

unexpected expenses.

Current Situation

a) Analysis of Funding: You have allocated Rs. 400,000.00 to cover any unexpected expenses

Assets allocated for contingency planning :

AmountOwnerAsset NameAsset Type

Contingency Planning

Cash and Cash

Equivalent

Saving Account Suraj 400,000

18,667

6.00

112,002

400,000

287,998

Total monthly expenses

Contingency period (months)

Ideal funds req. for emergency

Fund available for emergency

Net surplus/(shortfall)

Page 12 of 29

Plan My Investment


Net Worth is the difference between assets and liabilities. It is an excellent starting place for conducting a

personal financial analysis because it provides an understanding of your overall financial circumstances, a

sense of whether goals may be realistic and achievable and a benchmark for evaluating your progress.

Networth Analysis

% Of Total

Assets% of TotalAssets Amount

Debt Assets

Bank Deposits 400,000 100.00 48.83

400,000Total :

Equity Assets

Equity Mutual Fund 19,230 100.00 2.35

19,230Total :

Insurance

Endowment Surrender Value 0 0.00 0.00

0Total :

Liquid Assets

Saving Account 400,000 100.00 48.83

400,000Total :

819,230Total Assets :

Debt A ssets

Equity A ssets

Insurance

Liquid A ssets

Asset Structure

Page 13 of 29

Plan My Investment


Liabilities :

Outstanding BalanceLoan Type

Home Loan 1,002,005

1,002,005Total :

Total Assets

Total Liabilities

Networth

819,230

1,002,005

-182,775

-200K

0K

200K

400K

600K

800K

1000K

1200K

Assets Liabilities NetWorth

AssetsLiabilities

NetWorth

Sum

of A

mount

Current Networth

Page 14 of 29

Plan My Investment


PercentageDescription

Client Assumption Details

Personal Goal 7.00

Depedent Goal 12.00

Liquid Mutual Fund 6.00

Debt Mutual Fund 7.00

Equity Mutual Fund 12.00

Real Estate 9.00

Commodities 9.00

Inflation Rate 7.00

Expenses Growth Rate 9.00

Rental Income Growth Rate 10.00

Expected Retirement Return 7.00

Expenses Growth rate (post retirement) 7.00

Salary Growth Rate (Self) 10.00

Salary Growth Rate (Partner) 10.00

Expected Insurance Corpus Returns 7.00

Stock SIP Return Rate 12.00

Insurance Plans 7.00

Ulip Return 10.00

Step Up % 10.00

Insurance HLV Rate 10.00

Page 15 of 29

Plan My Investment


The first step in personal financial planning is controlling your day-to-day financial affairs to enable you to do

the things that bring you satisfaction and enjoyment. This is achieved by planning and following a budget, as

discussed in the first part of the plan.

The second step in personal financial planning is choosing and following a course toward long-term financial

goals.

As with anything else in life, without financial goals and specific plans for meeting them, we drift along and

leave our future to chance. A wise man once said: "most people don't plan to fail; they just fail to plan."

The end result is the same: failure to reach financial independence.

Goal DescriptionYears

LeftFuture Value Priority

Present

Value

Initially

Amount

Required

Every

Year Inflation

Dreams & Goals

300,000 0 3alto 6 358,216 Medium 300,000

4,000,000 0 7flat 11 8,419,408 High 4,000,000

0 100,000 8Rajib Graduation 15 1,029,813 High 300,000

500,000 500,000 12Rajib Post

Graduation

17 10,711,024 High 1,500,000

0 0 9Retirement Goal 28 29,280,240 High 0

Page 16 of 29

Plan My Investment


Your ability to maintain your lifestyle objectives for the future is determined by your current investments and ongoing savings. In analyzing your

situation we need to consider what is achievable given your current position, and how we can take best advantage of the assets you have

accumulated so far.

Goal DescriptionPresent

Value

Years

Left

Existing

InvestmentFuture Value

Net Corpus

Required

%

Goal

Fund

Net

Retrn

Lumpsum

Invesment

Monthly

Invesment

Step Up

Investment

Goal Analysis and Funding

Car Purchase 300,000 6 0 358,216 358,216 0.00 8.40 220,785 3,881 3,203

Home Purchase 4,000,000 11 685,840 8,419,408 7,733,568 8.15 8.40 3,184,621 36,513 24,279

Rajib Graduation 300,000 15 2,196,928 1,029,813 0 213.33 8.40 0 0 0

Rajib Post

Graduation

1,500,000 17 0 10,711,024 10,711,024 0.00 8.40 2,642,902 23,678 12,192

Retirement Goal 0 28 3,980,557 29,280,240 25,299,683 13.59 11.00 1,361,669 12,570 5,069

7,409,978 76,642 44,744Total :

Page 17 of 29

Plan My Investment


Asset Allocation

Over time, one of the most important factors in determining the return on your portfolio is the asset allocation that represents the mix

of stocks, bonds and cash that you own.

The appropriate asset allocation can help provide diversification of your portfolio, enhance return potential, lower overall portfolio

fluctuation and position your portfolio to take advantage of developing investment opportunities.

Based on the responses to the Risk Assessment Questionnaire, your risk profile is:Wealth Builder

Based on your risk profile, we have shown below the asset allocation required to be done in order to achieve your goals.

Asset Allocation (In case of Lumpsum Inv)

Net

Ret

Endowment

PlansReal EstateDirect Equity

Equity Mutual

FundDebtGoldCashRisk ProfileGoal Name

Car Purchase Wealth Builder 66,235 22,078 66,235 66,235 0 0 0 8.40

Home Purchase Wealth Builder 955,386 318,462 955,386 955,386 0 0 0 8.40

Rajib Graduation Wealth Builder 0 0 0 0 0 0 0 8.40

Rajib Post

Graduation

Wealth Builder 792,871 264,290 792,871 792,871 0 0 0 8.40

Retirement Goal Wealth Builder 0 0 272,334 1,089,336 0 0 0 11.00

1,814,492 604,831 2,086,826 2,903,828 0 0 0Total :

Page 18 of 29

Plan My Investment


Asset Allocation (In case of Monthly Inv)

Net

Ret

Endowment

PlansReal EstateDirect Equity

Equity Mutual

FundDebtGoldCashRisk ProfileGoal







Car Purchase Wealth Builder 1,164 388 1,164 1,164 0 0 0 8.40

Home Purchase Wealth Builder 10,954 3,651 10,954 10,954 0 0 0 8.40

Rajib Graduation Wealth Builder 0 0 0 0 0 0 0 8.40

Rajib Post Graduation Wealth Builder 7,103 2,368 7,103 7,103 0 0 0 8.40

Retirement Goal Wealth Builder 0 0 2,514 10,056 0 0 0 11.00

19,222 6,407 21,736 29,278 0 0 0Total :

Page 19 of 29

Plan My Investment


Asset Allocation (In case of Step Up Inv)







Goal Cash GoldRisk ProfileEquity

Mutual FundDirect Equity Real Estate

Endowment

Plans

Net

RetDebt

961 320 961 961 0 0 0 8.40Car Purchase Wealth Builder

7,284 2,428 7,284 7,284 0 0 0 8.40Home Purchase Wealth Builder

0 0 0 0 0 0 0 8.40Rajib Graduation Wealth Builder

3,658 1,219 3,658 3,658 0 0 0 8.40Rajib Post

Graduation

Wealth Builder

0 0 1,014 4,056 0 0 0 11.00Retirement Goal Wealth Builder

11,902 3,967 12,916 15,958 0 0 0Total :

Page 20 of 29

Plan My Investment


Retirement planning refers to the allocation of finances for retirement. This normally means the

setting aside of money or other assets to obtain a steady income at retirement. The goal of retirement

planning is to achieve financial independence, so that the need to be gainfully employed is optional rather

than a necessity. The process of retirement planning aims to assess readiness-to-retire given a desired

retirement age and lifestyle, i.e. whether one has enough money to retire and identify actions to improve

readiness-to-retire. In order to maintain your life style after retirement, you would require a regular income.

To generate this income, which will be increasing at the rate of inflation and is required to last for your

lifetime, you will need to accumulate a corpus of Rs. 29,280,240 approx at the time of retirement.

Current Age

Retirement Age/Year

Number of Years Left for retirement

Total Annual Expenses (if you retire today)

Actual expenses in 1st year of retirement

Retirement Corpus Required

Provisions Made through your exisitng investments

Net Corpus required for Retirement

Self

32

60

28

114,000

1,273,054

29,280,240

3,980,557

25,299,683

Retirement Planning

Page 21 of 29

Plan My Investment


0M

4M

8M

12M

16M

20M

24M

28M

32M

Existing

Investments

Future V alue Net C orpus

Required

Existing Investments

Future V alue

Net C orpus RequiredSum

of

Am

ount

Sum of Amount

Endowment

Mutual Fund

Utilization of Existing Investments

Page 22 of 29

Plan My Investment


Existing Investments used to achieve this Goal

%

ContrFuture ValueSIP UsedLumpsum UsedAsset NameAsset Type

Axis Equity Fund - Growth 19,230 1,709,977 5,000 42.96Mutual Fund

jeevan sati 512,500 2,270,581 0 57.04Endowment

531,730 5,000 3,980,558Total :

Asset Allocation for new Investments

Cash Gold DebtEquity Mutual

FundDirect Equity Endowment PlansMode

Monthly

Step Up

0 0 2,514 10,056 0 0

0 0 1,014 4,056 0 0

0 0 272,334 1,089,336 0 0Lumpsum

New Product Recommendations

SIP End DateSIP Start DateSIP Amount

Invested

Amount

InvestedProduct NameAsset Type

Page 23 of 29

Plan My Investment


Insurance Planning

It is extremely important that every person, especially the breadwinner, covers the risks to his

life, so that his family's quality of life does not undergo any drastic change in case of an unfortunate

eventuality.

If we can imagine a situation where our goals are disturbed by acts beyond our control, we realize

the relevance of insurance in our lives. Insurance, simply put, is the cover for all the risks that we run

into during our lives. Insurance enables us to live our lives to the fullest, without worrying about the

financial impact of events that could hamper it. In other words, insurance protects us from the

contingencies that could affect us.

Objective:

Determine the additional capital required to meet Family's expenses in the event Mr. Suraj Chowdhury

dies prematurely.

Current Situation:

Existing Insurance Cover (a):

Sum AssuredPolicy Name

Person Assured : Suraj

jeevan sati 500,000

Total Existing Cover (Suraj) : 500,000

Total Existing Cover : 500,000

Existing Loan Outstanding (b) :

Outstanding BalanceDebt Repayment

Home Loan 1,002,005

1,002,005Total Outstaning Debt :

Essential Goals (c) :

Goal CorpousGoal Names

Rajib Graduation 283,339

Rajib Post Graduation 1,471,698

1,755,037Total Goal Corpus Required (Essential) :

Page 24 of 29

Plan My Investment


Resources Available For Liquidation (d) :

Goal CorpusAsset Name

Liquid Account 400,000

Commodities 0

Real Estate 0

Mutual Fund 19,230

Stock Portfolio 0

EPF 0

SAF 0

Saving Schemes 400,000

Total Assets Available: 819,230

Amount

Present Value Of Future Expenses 7,344,000

Total additional cover required (excluding Existing Cover) (e-d+c+b) 9,281,812

Total additional cover required for Self 7,779,807

0Total additional cover required for Spouse

Expense Replacement (e) :

Page 25 of 29

Plan My Investment


General Insurance Planning

This section covers analysis of your current General Insurance policies, Need Analysis of the Client

and our recommendations.

Sum AssuredPolicy NamePremium

AmountIs FloatingInsurance TypeName

Total :

General Insurance Recommendations :

Recommended

Premium AmountSum AssuredPolicy NameFirst NameInsurance Type

Total :

Page 26 of 29

Plan My Investment


Net Closing

Balance

Interest On

Surplus

Net

Outflow

Goal

OutflowExpenses

Net

Inflow

Asset

Maturity

Opening

Cash FlowYear

Total

Income

Cash flow Upto Retirement

Page 27 of 29

Plan My Investment


Net Closing

BalanceExpenses

Net Closing

Balalance

Retirement

CorpusYearAge

Cash Flow After Retirement

Page 28 of 29

Plan My Investment


Disclaimer & Risk Factors

These recommendations are given for your benefit only and are subject to review at the time of placement of your investments

because circumstances law and economic conditions can change. If more than 30 days have elapsed since the date of this plan,

you should not act on any specific recommendation without further consideration.

· Returns from each recommended investment will vary in line with market conditions and investment policies of the fund

manager. Income and growth assumptions are intended as a guide only and should be treated with caution. No warranty is given for

the accuracy of the same. Most long equity/ growth investment are long term in nature and significant variations including capital

loss, may occur over shorter periods. Neither the authorized representative nor the company guarantees the performance or return

of capital on any of these investments. These recommendations are based on the information you have supplied. If any material

information has been withheld or any inaccurate, these recommendations could prove to be inappropriate for you.

· Tax benefits, if any, are as per the Income Tax Act, 1961, and are subject to change from time to time. Therefore the

matters relating to taxation should be cleared with your own Tax Consultant. The information contained in this plan is strictly

confidential and meant solely for the selected recipient and may not be altered in any way, transmitted to, copied or distributed, in

part or in whole, to any other person or to the media or reproduced in any form, without prior written consent.

· Nothing in this document should be construed as an investment or financial advice and nothing in this document should be

construed as an advice to buy or sell or solicitation to buy or sell the units of the schemes of any particular fund house or

securities or other financial instrument referred to in this document.

· Nothing in this plan constitutes investment, legal, accounting and tax advice or a representation that any investment or strategy

is suitable or appropriate to your specific circumstances. The securities discussed and opinions expressed in this plan may not be

suitable for all investors, who must make their own investment decisions, based on their own investment objectives, financial

positions and needs of specific recipient.

Page 29 of 29

Plan My Investment

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